Daily Market Analysis
2022-11-16
Review our intraday commentary to learn how we interpret price action and build a market narrative.
Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).
Abbreviated Comments View all
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| 09:31:25 Pete |
PRE-OPEN MARKET COMMENTS WEDNESDAY – The market broke through resistance last week and on a move like that it is critical that we see follow though. If we don’t, the risk of a pullback increases every day. The reaction to... |
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| 09:50:49 Pete |
Bearish 1OP cross and < prior close and new lod. If you have good stocks to short you can try a little here. I am going to wait for a good set up. |
| 09:51:50 Pete |
What would have prompted me to trade earlier in the day this week would have been heavy volume and bullish price action. Without that I feel we will test the bid and prove for support. |
| 09:52:04 Pete |
probe |
| 10:04:16 Pete |
Idan wrote: Question OK. Then I clearly have more reading to do, but before arriving here, a 10% short would have been enough for me to call it a day. I wanted to play a slot machine but you told me not... |
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